What Is The Most Important Thing You Learned About Your Business?

4 Answers

Clarification on the type of clients we love to work with and what activities we really enjoyed. This was important to us because we wanted to build a business as they say in China that last 100 years..It's not just a job, its our way of life.

The business is 18+ months old and has gone great this year with around 150% YoY growth, but I feel like I've already gained a reasonable market share but the profit is hardly impressive. From this point it'll be much harder to grow, since the market share has already gone from tiny to reasonable.
The profit is less than a full time income in winter, and equal to a fairly high full time income in Summer. Luckily the work is only equal to a part time job.
There is still room for improvement though, so I'll keep at it. It just feels like some other businesses may have higher potential...the hammocks market may be smaller than I had thought.